I'm no fan of Powell's -- I think the cut was at least a year late -- but your explanation of how the process works is clearer and more nuanced than anything I've seen in the major papers. Nice work!
I'd point out it is; otherwise, they'll wouldn't have exposed the over $818,000 correction on job numbers. Without admitting they juiced the numbers dramatically, they FED wouldn't have been able to drop the rate. The Harris/Walz campaign aren't performing well so any condition improvement such as this would help them. Gallop polls reference re their performance.
I'm no fan of Powell's -- I think the cut was at least a year late -- but your explanation of how the process works is clearer and more nuanced than anything I've seen in the major papers. Nice work!
I'd point out it is; otherwise, they'll wouldn't have exposed the over $818,000 correction on job numbers. Without admitting they juiced the numbers dramatically, they FED wouldn't have been able to drop the rate. The Harris/Walz campaign aren't performing well so any condition improvement such as this would help them. Gallop polls reference re their performance.